recession


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Synonyms for recession

Synonyms for recession

a period of decreased business activity and high unemployment

Synonyms for recession

the state of the economy declines

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the withdrawal of the clergy and choir from the chancel to the vestry at the end of a church service

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the act of ceding back

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the act of becoming more distant

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References in periodicals archive ?
1) The NBER defines a recession as a "significant decline in economic activity spread across the economy, lasting more than a few months" based on a number of economic indicators, with an emphasis on trends in employment and income.
For example, energy-producing states in the Tenth Federal Reserve District entered a recession in 2015 and 2016 following the 70 percent decline in the price of oil from June 2014 to February 2016.
In fact, over the past 37 years, only eight states have been in recession during--and only during--all five of those U.
To begin, we rely on the time-honored and standard academic definition of a recession as a decrease of real gross domestic product (GDP) for at least two consecutive quarters.
Collapse and Revival: Understanding Global Recessions and Recoveries
RBS thinks China could be the crisis point for this recession, as the Lehman Brothers collapse was the catalyst for the 2008 financial crisis.
The size of the bubbles represents the length of the recession in quarters.
That was the longest recession on record since the Great Depression.
The Great Recession is a term used to describe the general economic decline observed in world markets around the end of the first decade of the 21st century.
Starting with the recessionary period itself, McGranahan and Berman show that fiscal policy was more expansionary during the Great Recession than in any other recession since 1960.
Obviously recession is proving to be a nice little earner for the uppercrust and the banking spivs.
Experience since the global financial crisis and Great Recession of 2008-09 has strengthened the evidence for long-term effects of recessions, since output in many countries is still highly depressed in 2014, with many forecasters predicting little recovery in the next five years.
The longest of any recession since World War II officially began in December 2007 and ended in June 2009 (National Bureau of Economic Research 2010; Cawley, Moriya, and Simon 2011).
TORY grandee Lord Young of Graffham lives in an ivory tower if he genuinely believes Britain isn't in recession.
unemployment relative to output after the Great Recession has led some to question whether Okun's law has changed permanently.